Heading into the end of the second quarter, 113 S&P 500 companies have issued EPS guidance for the quarter. Of these 113 companies, 87 have Continue...Read More
The potential effects of the event on the copper market and the project's major joint venture partner are outlined in a BMO Capital Markets report. In a June 27 research note, BMO Capital Markets analyst Ed Sterck wrote that the fatal mine collapse from suspected illegal mining at the KOV open pit at the Kamoto Copper concession in the Democratic Republic of the Congo will impact Glencore Interna...Read More
A financial re-set could lead to the biggest political event in decades.The American financial system may be headed towards a crisis, unlike anything the U.S. has seen in the last 50 yearsOne financial guru is predicting a political event that could "reset" the financial system in ways that many Americans will never predict -- and it could lead to "a national nightmare."With growing inequality cau...Read More
The gold miners’ stocksjust blasted higher to a major decisive breakout this week! Driven by gold’s own huge bull-marketbreakout, the gold stocks surged well above vexing years-old upper resistance. The resulting new multi-year highs are a gamechanger, starting to shift long-apathetic sector sentiment back towardsbullish. This will increasingly attract backtraders, wi...Read More
The G20 Summit, which takes place in Osaka, Japan, this weekend has cast a shadow over the Asian ferrous metals markets.Market participants are hoping a quick resolution to the trade war between China and the United States will provide much-needed relief both for steelmakers and downstream buyers at a time of squeezed margins and weak demand.One of the key themes at t...Read More
European steel mills could further reduce steel production should the volume of steel imported into the European Union continue to increase, market participants said at the European Steel Day in Brussels, Belgium, on Wednesday June 26."The markets for many steel products in Europe are rather weak. So nearly every steel company is forced in one way or another to cut production," Heinz J??rg Fuhrman...Read More
Henrik Adam, who has been chief commercial officer at Tata Steel Europe since 2011, will replace Hans Fischer as ceo when he retires on July 1, the company said on Thursday June 27.Fischer will continue to serve on the board of Tata Steel Europe as a non-executive director, and will continue to act as an adviser to global ceo and managing director TV Narendran."During his tenure as ceo and be...Read More
Gold is soaring this month. So are gold miners equities and the related exchange traded funds and the same is true for junior or small-cap miners. In other words, these are dangerous times to be dancing with inverse leveraged gold miners funds, including those targeting junior miners, but data confirm that is exactly what some traders are doing and they are making those bearish bets with the Direx...Read More
Gold futures edged higher on Friday and scored their biggest monthly percentage gain in three years following a climb to a nearly six-year higher earlier in the week. "Gold has surged over the past month as the [U.S. Federal Reserve's] amazing turn from hawks at the beginning of the year to doves today has finally shifted investor expectations," said Brien Lundin, editor of Gold Newsletter. "Inves...Read More
Spotify claims Apple's app store is aRead full newsRead More
"Interview: 'Energy And Shipping Sectors Along With Lithium And Uranium Themes Are Where The Most Exciting Opportunities Lie' https://t.co/sJeWhbIkPi"Read full newsRead More
"Resource Big News Roundup: Talisker to Commence Trading; Nexus Returns High-Grade Sample; Go Cobalt Identifies Geophysical Target and Doubles Land Package https://t.co/gA4v2XEpsZ #resource #mining #investing #stocks"Read full newsRead More
You might think those annoying TV ads for gold and silver coins give coin collecting a bad name. It turns out, however, that gold and other precious coins are the easiest collectible item to trade, whether you are investing in bullion coins as a hedge against inflated stock and bond prices or if you're interested in building a special collection of rarities. Barry Stuppler, a coin dealer in Los A...Read More
White Rock Minerals Ltd (ASX: WRM) owns 100% of, the globally significant, Red Mountain polymetallic, volcanogenic, massive sulphide (VMS) exploration project, in an established VMS district of central Alaska, where there is significant potential to discover several new large zinc-silver-lead-gold-copper deposits. This project has a recent maiden JORC 2012 Resource of 9Mt grading 13% ZnEq. We lear...Read More
GoldCore NoteGold prices are marginally higher today and look set to have their best monthly gain since June 2016.Spot gold was up 0.2% at $1,413.60 per ounce in late morning trading in Europe. Gold has risen over 8% this month so far. A monthly close above $1,400/oz will be positive from a technical trading perspective.Gold prices have surged to the highest since 2013 as the U.S. and global eco...Read More
Comparative National EmergenciesWhat Happens if There Is a Recession?On-Budget Versus Off-Budget DeficitsForget Turning Japanese, We Are Turning GreekWhere Will the Money Come From?Boston, New York, Puerto Rico, New York, Maine, and MontanaThis week is the fourth in a series of five open letters responding to a series of essays by Ray Dalio, the founder of Bridgewater Associates. His original le...Read More
Global billet prices were subject to opposing trends in different regions in the week to Friday June 28; material from the Commonwealth of Independent States (CIS) appeared to have hit a price floor, while Chinese prices increased and the import markets in Turkey, Southeast Asia and Egypt remained weak.Prices in China were boosted by steel production cuts, and a rebound in scrap prices in Turkey a...Read More
Max interviews Dan Collins for his thoughts on the Trump-Xi meeting that may happen at the G20 Summit in Osaka. They discuss the trade war, which side is winning and/or losing, and how a peace deal might be reached. Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Reson...Read More
"Stood on the soil of North Korea, an important statement for all, and a great honor!" Trump tweeted over the weekend.Continue...Read More
Central banks no longer trust fiat currencies. You know how I know this to be a fact? Central banks around the world acquired more physical gold than has happened since in more than 45 years. This same trend carried over into the first quarter of 2019.Lior Gantz has been called a thrill-seeking entrepreneur by his team, and as such, he built and runs numerous successful businesses, and has travele...Read More